Comet Ridge Ltd Cash Flow Conversion Efficiency
Comet Ridge Ltd cash flow conversion efficiency. Based on the latest financial reports, Comet Ridge Ltd (COI) has a cash flow conversion efficiency ratio of -0.023x as of December 2025. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow (AU$-1.81 Million ≈ $-1.28 Million USD) by net assets (AU$78.22 Million ≈ $55.34 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Cash Flow Conversion Efficiency of Comet Ridge Ltd (2005–2025)
Cash flow conversion efficiency of Comet Ridge Ltd from 2005 to 2025. This chart illustrates how Comet Ridge Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. View current stock price of Comet Ridge Ltd for real-time trading data and today's change.
Comet Ridge Ltd Cash Flow Conversion Ratio Explained
Comet Ridge Ltd cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.
Comet Ridge Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Comet Ridge Ltd ranked by their cash flow conversion efficiency. Also see COI market cap overview for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Rein Therapeutics Inc
NASDAQ:RNTX
|
-0.847x |
|
Wp Energy Public Company Limited
BK:WP
|
-0.010x |
|
Tex Cycle Technology M Bhd
KLSE:0089
|
0.069x |
|
Dmg Blockchain Solutions Inc
V:DMGI
|
-0.001x |
|
Grupo Mexicano de Desarrollo S.A.B
MX:GMD
|
0.005x |
|
Yunsa Yunlu Sanayi ve Ticaret AS
IS:YUNSA
|
0.030x |
|
Mandom Indonesia Tbk
JK:TCID
|
0.032x |
|
Enzymatica publ AB
ST:ENZY
|
-0.085x |
Annual Cash Flow Conversion Efficiency for Comet Ridge Ltd (2005–2025)
The table below shows the annual cash flow conversion efficiency of Comet Ridge Ltd from 2005 to 2025. Review Comet Ridge Ltd (COI) FCF generation index to assess how much free cash flow the company generates relative to operating cash flow.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-06-30 | AU$80.32 Million ≈ $56.83 Million |
AU$-4.12 Million ≈ $-2.91 Million |
-0.051x | +11.87% |
| 2024-06-30 | AU$72.51 Million ≈ $51.30 Million |
AU$-4.22 Million ≈ $-2.99 Million |
-0.058x | +1.62% |
| 2023-06-30 | AU$64.31 Million ≈ $45.51 Million |
AU$-3.80 Million ≈ $-2.69 Million |
-0.059x | +16.28% |
| 2022-06-30 | AU$47.55 Million ≈ $33.64 Million |
AU$-3.36 Million ≈ $-2.38 Million |
-0.071x | -79.50% |
| 2021-06-30 | AU$50.41 Million ≈ $35.67 Million |
AU$-1.98 Million ≈ $-1.40 Million |
-0.039x | +3.42% |
| 2020-06-30 | AU$56.76 Million ≈ $40.16 Million |
AU$-2.31 Million ≈ $-1.64 Million |
-0.041x | +4.10% |
| 2019-06-30 | AU$56.17K ≈ $39.75K |
AU$-2.39K ≈ $-1.69K |
-0.042x | -10.61% |
| 2018-06-30 | AU$43.52K ≈ $30.79K |
AU$-1.67K ≈ $-1.18K |
-0.038x | +0.97% |
| 2017-06-30 | AU$32.79K ≈ $23.20K |
AU$-1.27K ≈ $-900.02 |
-0.039x | +31.63% |
| 2016-06-30 | AU$29.03K ≈ $20.54K |
AU$-1.65K ≈ $-1.17K |
-0.057x | -38.32% |
| 2015-06-30 | AU$32.72K ≈ $23.15K |
AU$-1.34K ≈ $-949.55 |
-0.041x | -358.99% |
| 2014-06-30 | AU$42.75K ≈ $30.25K |
AU$677.00 ≈ $479.02 |
0.016x | +162.28% |
| 2013-06-30 | AU$47.12 Million ≈ $33.34 Million |
AU$-1.20 Million ≈ $-847.92K |
-0.025x | -0.35% |
| 2012-06-30 | AU$44.64 Million ≈ $31.58 Million |
AU$-1.13 Million ≈ $-800.32K |
-0.025x | -176.64% |
| 2011-06-30 | AU$40.36 Million ≈ $28.55 Million |
AU$1.33 Million ≈ $944.09K |
0.033x | +138.09% |
| 2010-06-30 | AU$38.69 Million ≈ $27.37 Million |
AU$-3.36 Million ≈ $-2.38 Million |
-0.087x | -76.77% |
| 2009-06-30 | AU$43.70 Million ≈ $30.92 Million |
AU$-2.15 Million ≈ $-1.52 Million |
-0.049x | +72.01% |
| 2008-06-30 | AU$10.47 Million ≈ $7.41 Million |
AU$-1.84 Million ≈ $-1.30 Million |
-0.175x | -58.47% |
| 2007-06-30 | AU$15.61 Million ≈ $11.04 Million |
AU$-1.73 Million ≈ $-1.22 Million |
-0.111x | -34.36% |
| 2006-06-30 | AU$8.99 Million ≈ $6.36 Million |
AU$-740.42K ≈ $-523.89K |
-0.082x | +9.84% |
| 2005-06-30 | AU$6.84 Million ≈ $4.84 Million |
AU$-624.75K ≈ $-442.05K |
-0.091x | -- |
About Comet Ridge Ltd
Comet Ridge Limited engages in the oil and gas exploration, appraisal, and development activities in Australia. The company's flagship property is the Mahalo Gas Hub which consists of 2 reserves and 2 contingent resources of 676 petajoules located in southern Bowen Basin. Comet Ridge Limited was incorporated in 2003 and is based in Brisbane, Australia.